A wristwatch is sold at a loss of 18%. Had it been sold for 69 more, the gain would
have been 5%. Find the CP if the retailer selles 150 watches per day. Find his loss per
day.
Answers
Given :
A wristwatch is sold at a loss of 18% . Had it been sold for Rs. 69 more ,
The gain would have been 5%
To find:-
Find the cp of the retailer sellers 150 watches per day .
Find his loss per day.
Solution :-
✩ let the cp ( cost price ) of a watch = x
✩ loss on each watch = 18%
✩ selling price ( sp) of the wristwatch = x(100-18)/100
✩ 82x/100 --------------- ( 1 )
Gain would have been 5%
when sp would be have been = x(100+5)/100
=> 105x/100 ----------------- (2)
Now subtract equation (1) from (2)
❁ 105x/100 - 82x/100 = 69
❁ 23x/100 = 300 Rs
Loss = 18% × 300 = 0.18 × 300
=> Loss = 54 Rs
Selling price = 300 - 54 = 246
✪ Since , the loss on one wristwatch = 54 Rs
✪ loss on 150 watch = 54×150 = 8,100 Rs
✯ Answer : hence, the cost price is Rs. 300 and loss per day would be Rs. 8,100 ✔︎✔︎✔︎
☯GIVEN
- A wristwatch is sold at a loss of 18%.
- been sold for 69 more
- the gain would have been 5%.
☯NEED TO FIND
- CP if the retailer selles 150 watches per day.
- Find his loss per day.
☯SOLUTION
Let the cost price of a wristwatch = X
Loss on each watch = 18%
Selling price of the wristwatch=
__________________(1)
Gain would have been = 5%
When selling price would have been=
___________________(2)
Now subtract equation (1) from equation (2)
Loss = 18% x 300
= 0.18 x 300
=54 Rs.
Selling price = 300 - 54 = 246
Since loss on one wrist watch = 54 Rs.
Loss on 150 watch = 54 x 150 = 8,100 Rs.
- Cost price is 300
- Loss per day would be 8,100.